Discussion in 'Off Topic' started by Dr. AMK, Jan 7, 2018.
How does Facebook's Libra Blockchain Work?
Even more of a scammy thing than your usual *coin
Yes, let's have a single entity not only control the value of Libra, but also the conversion rates between that and currencies, and not guaranteeing that Libra is backed up with enough assets to cash out if everyone sells off their Libra.
As much of a pyramid-shaped object a lot of *coins are, at least they tend to have some sort of independent valuation in the form of deliberate deflation and/or distributed miners.
Who Ends Convertibility of US Dollars to Gold, is the same people doing that again, just with different way. All of this is a part of a new world strategy, The God only can save us from what's coming.
Thumbs Down to Facebook’s Cryptocurrency
The Bitcoin plague never left, now it begins again, hold on tight to your GPU's, lest they be taken by mining...
Top technician says ride bitcoin roller coaster to another breakout
Published on Jul 2, 2019
Is it time for another crypto rally? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Mark Tepper, Carter Worth and Dan Nathan.
Watch live: Facebook CEO Zuckerberg is grilled in Congress on cryptocurrency, 2020 election
"They Could Take Over The World.." | Elon Musk Warning on Artificial Intelligence
Well, this is disturbing... hopefully this won't kick off another Bitcoin run up and hence induce another GPU drought, or maybe this will have the opposite effect and make GPU mining unprofitable against the new 5nm ASICs dedicated hardware:
5:52 - TSMC’s 5nm Bitcoin Plans - UFD Tech
TSMC making 5nm ASICs for Bitmain and Canaan in 2020
Bitcoin ASIC design houses Bitmain and Canaan are the first to get 5nm chips from TSMC
By: Anthony Garreffa from 1 day, 15 hours ago
Read more: https://www.tweaktown.com/news/69632/tsmc-making-5nm-asics-bitmain-canaan-2020/index.html
ASICs are machines built specifically for mining, they don't use consumer GPUs afaik. ASICs outperform consumer GPUs by a large margin, so I don't foresee much competition between the two.
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